Excellent value-add opportunity in an improving South City corridor . Previously renovated duplex (some photos included) with strong upside potential as redevelopment activity continues nearby, including the adjacent property currently under contract for renovation. Ideal opportunity for investors looking to capitalize on neighborhood growth before values increase further. (Market Rents in the area approx. $815 - $897) Much of the current condition issues consist of cosmetic damage, cleanup, and debris removal from prior vandalism incidents. With the right vision and improvements, the property has significant potential to be restored to strong condition and income-producing use once again.Building is currently vacant and secured after unlawful entry and vandalism occurred (see additional photos). Property is double boarded and shown only with an accepted contract to avoid recurrence. Sold strictly as-is.
Listed By
Agency Name: Provident Property Management LLC
Shown By
Agent Name: Jody Newport
Agent Phone: 314.780.5700
Agency Title: RedKey Realty Leaders
Estimated Payment
$ 522.57 per month $408.61 Principal & Interest $92.08 Property Tax $21.88 Homeowner's Insurance
5425 S Broadway | MLS# 26031980
This multi-family property located at 5425 S Broadway , Saint Louis, MO 63111 is currently listed for sale with an asking price of $75,000. S Broadway is located within the St Louis City school district. Search Saint Louis real estate on www.jodynewportrealtor.com today.